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American Science & Engineering, Inc. F1Q09 (Qtr End 06/30/08) Earnings Call Transcript

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2008-08-11 17:17:13.0

Tags: American Science & Engineering Inc.

Question-and-Answer Session

Operator

Thank you, Mr. Fabiano. The question-and-answer session will begin at this time. (Operator instructions) And our first question comes from the line of Steve Levenson from Stifel Nicolaus. Please proceed.

Steve Levenson – Stifel Nicolaus

Thanks. Good afternoon, Anthony and Ken.

Anthony Fabiano

How was today, Steve?

Ken Galaznik

Hi, Steve.

Steve Levenson – Stifel Nicolaus

Always interesting. In terms of the orders that you mentioned that you booked in the second quarter, obviously there's a supplemental Defense Appropriations Bill passed. Can we make a correlation between the two?

Anthony Fabiano

Why don't you be a little clear, Steve?

Steve Levenson – Stifel Nicolaus

Are these the military orders that people have been waiting for that you're alluding to?

Anthony Fabiano

Yes. We have an order for potentially 22 Z Backscatter Vans from PMFPS [ph] that we have been expecting for the last couple of weeks that is in the final stages of procurement. We had hoped to have the order by the time of this call. We couldn't receive it before the end of the call, but we'll probably have it tomorrow or the day after but there's been a glitch with the procurement agency with their computer system that's held us up a little bit. But we're told that's push of the button away. So does that answer your question?

Steve Levenson – Stifel Nicolaus

I take it that's one of the three you mentioned?

Anthony Fabiano

No. Actually, when I mentioned three, two of the three came in – two were international. The third was the PMFPS order we just talked about.

Steve Levenson – Stifel Nicolaus

Okay.

Anthony Fabiano

I think the other point that you're alluding to is the supplemental budget funding requirement for the – I believe it's 66 Z Backscatter Mil Trailers.

Steve Levenson – Stifel Nicolaus

Right.

Anthony Fabiano

And we're tracking that like everybody else. We're hopeful that that order could come in this quarter or the following quarter.

Steve Levenson – Stifel Nicolaus

Okay. Thanks. What do you think is taking customs and border patrol so long with their test of the Z Portals that they've got?

Anthony Fabiano

Well, I can't really answer your question. All I could tell you is that the program's going very, very well.

Steve Levenson – Stifel Nicolaus

Okay. In terms of the Abu Dhabi order, do you think that's something that can be repeated with other people running those ports? Do you think it's single-digit times, double-digit times or do you think this is a one-shot deal?

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